China Says It Will Restrict Key Material In EV Batteries: Tesla Moves Lower
China’s Ministry of Commerce and General Administration of Customs announced Friday that it will begin restricting exports of graphite, a key component of electric vehicle batteries. What Happened: Many EV companies, including Tesla, traded lower Friday, potentially on the news…
Tesla Analyst Says ‘Golden Goose Of EV Market’ Key To Global Dominance
Tesla, Inc. CEO Elon Musk’s China visit is a big deal as the billionaire is visiting the country for the first time in about three years, said Wedbush analyst Daniel Ives. Musk is likely to spend most of his visit around the key Giga…
Tesla To Make Cobalt Free Batteries
Tesla will make electric vehicle batteries with cobalt-free cathodes, it announced during its Battery Day event. The announcement came as part of the company’s move to make batteries in-house instead of purchasing them. Musk didn’t give a timeline for going…
Musk Says Tesla Is ‘Very Close’ To Full Autonomous Driving
Tesla is “very close” to achieving level five autonomous driving, a 100 percent driverless technology, the company’s co-founder Elon Musk said in remarks made via a video message at the opening of Shanghai’s annual World Artificial Intelligence Conference. “I’m extremely…
Tesla Delivers Highest First Quarter Electric Car Sales Despite Covid-19
Tesla stock soared 17% in after hours trading on Friday following the release of recorder first quarter deliveries for Q1 2020 on Thursday. Tesla said more than 88,000 electric vehicles in total were delivered in the first quarter, 76,200 of…
Elon Musk Donates 1,255 Ventilators To California After Buying Oversupply From China
Elon Musk has delivered more than 1,200 ventilators to California officials this week, an effort that will provide treatment for hospital patients with severe cases of COVID-19. Gov. Gavin Newsom said during a press conference the Tesla boss had made…
